| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 75.65 |
| Liaison | Maddie LoDico |
| Submission Date | Dec. 12, 2014 |
| Executive Letter | Download |
Colby College
PA-9: Employee Compensation
| Status | Score | Responsible Party |
|---|---|---|
|
3.00 / 3.00 |
Mark
Crosby Director of Human Resources, Safety & Risk Management Human Resources |
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indicates that no data was submitted for this field
None
Number of employees:
723
None
Number of staff and faculty covered by sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements:
723
None
Does the institution have employees of contractors working on-site as part of regular and ongoing campus operations?:
No
None
Number of employees of contractors working on campus:
---
None
Number of employees of contractors covered by sustainable compensation standards, guidelines, or policies and/or collective bargaining agreements:
---
None
A brief description of the sustainable compensation standards, guidelines, or policies; and/or collective bargaining agreements covering staff, faculty and/or employees of contractors:
Colby provides a comprehensive salary and benefits program in order to attract and retain a highly qualified and diverse workforce. The College uses a number of surveys in order to determine appropriate compensation standards for its workforce, including analyses from the College and University Professional Association for Human Resources (CUPA), the State of Maine, and telephone surveys when necessary. The collection of these efforts ensures that employees are receiving compensation at sustainable levels, comparable to our peer institutions, and well above Maine state salary points.
Date Revised: Jan. 5, 2015
None
Does the institution wish to pursue Part 2 of this credit (assessing employee compensation)?:
Yes
None
Number of staff and faculty that receive sustainable compensation:
723
None
Number of employees of contractors that receive sustainable compensation:
---
None
A brief description of the standard(s) against which compensation was assessed:
Colby provides a comprehensive salary and benefits program in order to attract and retain a highly qualified and diverse workforce. All of Colby's full-time salary levels far exceed the 2014 individual Federal Poverty Guideline of $11,670. The College uses this individualized standard as a candidate's family situation varies from candidate to candidate. In all circumstances wages are determined based off surveys from our peer institutions, and Maine state salary points. By employing this process, we ensure that our wages are comparable to our peers, and well above Maine state salary points for similar positions in order to ensure a highly qualified and diverse workforce.
Date Revised: Jan. 5, 2015
None
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, full-time employees:
See Above
None
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid regular, part-time employees:
See Above
None
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular) staff:
See Above
None
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid temporary (non-regular, adjunct or contingent) faculty:
The lowest paid temporary faculty are Jan Plan visiting faculty who make about $5000 for the month of January. As one-course /one month faculty they don't receive benefits, but their salary is the equivalent of a $60,000 annual salary.
None
A brief description of the compensation (wages and benefits) provided to the institution’s lowest paid student employees (graduate and/or undergraduate, as applicable):
The lowest academic student hourly wage for the 2014-2015 school year is $8.30 and since students can only work 12 hours a week to allow time to participate in school events, there are no benefits. Students who work at least 125 hours are eligible for a raise every academic year.
None
The local legal minimum hourly wage for regular employees:
7.20
US/Canadian $
None
Does the institution have an on-site child care facility, partner with a local facility, and/or provide subsidies or financial support to help meet the child care needs of faculty and staff?:
No
None
Does the institution offer a socially responsible investment option for retirement plans?:
Yes
None
The website URL where information about the institution’s sustainable compensation policies and practices is available:
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Data source(s) and notes about the submission:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.